Dave Says: Giving beyond your means
My wife and I are debt-free except for our home, and we’re on Baby Steps 4 and 5. Recently, we were asked to make a large donation to a charity we already support. We don’t have the full cash amount they asked for on hand, and after hearing that, they said we could make monthly installment payments until the donation amount was paid in full. We’re hesitant to do this because it seems a bit like debt to us. What do you think?
Updated Apr 24, 2017 at 8:00 AM